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200405743 <br />2. Delivery of the Leases. All Leases currently in effect with respect to the Premises <br />have been delivered to Assignee, are in full force and effect as of the date of this Assignment and <br />neither Assignor nor any tenant is in default thereunder. Assignor shall not make any subsequent <br />agreement for the lease of the Premises or any part thereof except in the ordinary course of <br />business in accordance with the provisions of the Deed of Trust. All such subsequent Leases <br />shall be subject to the prior written approval of Assignee, which approval shall not be <br />unreasonably withheld, in accordance with the provisions of the Deed of Trust. <br />3. No Modification of the Leases. Without the prior written consent of Assignee, <br />which consent shall not be unreasonably withheld, Assignor shall not: <br />A. Cancel, terminate or accept any surrender of the Leases; <br />B. Accept any prepayments for more than thirty (30) days of installments of <br />rent under any of the Leases; <br />C. Modify or abridge any of the terms, covenants and conditions of any of the <br />Leases so as to reduce the terms thereof or the rental payments thereunder; or <br />D. Change any renewal privileges contained in any of the Leases. <br />4. Representations and Warranties. Assignor represents and warrants that: <br />A. Assignor has not previously sold, assigned, transferred, mortgaged or <br />pledged the Leases or the Rents, whether now due or hereafter to become due; <br />B. The Rents now due or to become due for any periods subsequent to the <br />date hereof have not been collected and payment thereof has not been anticipated for a <br />period of more than one (1) month in advance, waived or released, discounted, set off or <br />otherwise discharged or compromised except as set forth in the Leases; <br />C. It has not received any funds or deposits from any tenant for which credit <br />has not already been made on account of accrued income other than the security deposits <br />provided for in the Leases; <br />D. It has not received any bona fide and acceptable offer to purchase the <br />Premises or any part thereof which would in any way affect any right of option of first <br />refusal to purchase all or any portion of the Premises now contained in any Lease; and <br />E. It has not done anything which might prevent Assignee from or limit <br />Assignee in operating under or enforcing any of the provisions hereof. <br />Assignor shall act in good faith to enforce or secure the performance of each and every <br />obligation, covenant, condition and agreement to be performed by any tenants under all the <br />Leases. <br />132852.d- <br />